$SKHY BULLISH RECOVERY SETUP
SKHY is trading around 191.52 after pulling back from the 199.64 high. On the 1H chart, price is currently below MA(7) at 192.89 and MA(25) at 193.57, showing short-term selling pressure. However, MA(99) at 184.82 remains well below price, keeping the broader structure supported. The key zone to watch is 193.57–196.15. A strong 1H breakout above this area with increasing volume could bring buyers back into control.
Current Price: 191.52
Resistance:
192.89
193.57
196.15
199.64
200.43
Support:
190.00
187.61
185.52
184.82
Bullish Targets:
194.50
196.15
198.00
199.64
202.00
Stop-Loss: 187.40
TRADING SIGNAL: WATCH FOR A RECLAIM ABOVE 193.57
If SKHY reclaims 193.57 and breaks 196.15 with strong volume, the next major test could be 199.64, with potential continuation toward 202.00. If price breaks below 190.00 and especially 187.61, bullish momentum would weaken and a deeper pullback toward 185.52–184.82 could occur.
The 193.57–196.15 zone is the key battle area. Wait for confirmation and manage risk carefully.
$SKHY
SKHY is trading around 191.52 after pulling back from the 199.64 high. On the 1H chart, price is currently below MA(7) at 192.89 and MA(25) at 193.57, showing short-term selling pressure. However, MA(99) at 184.82 remains well below price, keeping the broader structure supported. The key zone to watch is 193.57–196.15. A strong 1H breakout above this area with increasing volume could bring buyers back into control.
Current Price: 191.52
Resistance:
192.89
193.57
196.15
199.64
200.43
Support:
190.00
187.61
185.52
184.82
Bullish Targets:
194.50
196.15
198.00
199.64
202.00
Stop-Loss: 187.40
TRADING SIGNAL: WATCH FOR A RECLAIM ABOVE 193.57
If SKHY reclaims 193.57 and breaks 196.15 with strong volume, the next major test could be 199.64, with potential continuation toward 202.00. If price breaks below 190.00 and especially 187.61, bullish momentum would weaken and a deeper pullback toward 185.52–184.82 could occur.
The 193.57–196.15 zone is the key battle area. Wait for confirmation and manage risk carefully.
$SKHY
